How to Convert Crypto To Physical Assets... Within Minutes
A step-by-step screencast tutorial for my Pro subscribers.
FYI - for my new Bear’s Bulletins (BB) subscribers: This is pure and succinct how-to post… and it is a typical representation of what our
M4 Insider(Rogue Money Insider) members are used to getting. In other words… a FOCUS on where, precisely, how to do cool stuff with your money.
FYI - for existing M4 Insider (M4i) members also on my Bear’s Bulletins list: I will be dripping older, but still relevrent, how-to content from the old membership… over… to the Rogue Money Insider (RMI) substack. I expect to offically relaunch / reopen RMI towards the end of March.
Today, however, the post below (from 2017) is being sent to my Bear’s Bulletin Pro (paid) subscribers for FULL viewing… as well as eventually cross-posted over into RMI. Any questions? Hit me up via a reply. Otherwise, this is a refresher for some:
Over the years, I've seen people get in their own way more times than I care to try and count (not even a calculator could assist, I dare say).
When it comes to managing their assets, or ability to move profits from one area of exposure to another, it's like the blinders go on:
"Hey," they say, "this thing is kickin' ass, and I'm riding the price wave all the way baaaaaaby."
Yeah, well, maybe.
But, the thing is, if you've got a lot of exposure to just a few speculative-trading vehicles — especially one like Bitcoin that can have wild swings in price — you can counterbalance that.
Don't get me wrong. We're "crypto" enthusiasts all the way (but do note: crypto is still an infant; yet, most likely a budding Golden Child which will rein as king over the foreseeable future.
It's just that you have to respect and honor what I'll call the "Duality of the Digits."
Which means, if you're +3x to +8x on profits that are derived from nothing more than a [potential] speculative price bubble…
Then instead of pushing and pushing and pushing the risk that it won't pop (i.e., dramatically correct), convert those ones and zeros to something “physical.”
As our friends at Early Investing put it:
“There's no such thing as the 'perfect investment' or the 'sure thing investment.' There is risk and uncertainty in every investment. It's the differences in levels of risk and uncertainty that give asset classes their unique attributes.
“Bitcoin certainly has its share of risk and uncertainty. No bitcoin enthusiast would argue otherwise.
“And it would certainly be foolish to invest all your money or too much of your money in bitcoin.”
So, you can obviously buy “stuff” with your BTC (see SpendBitcoins.com)...
Or, you can convert value-to-value this way…
Pro members-only: If you’re already a paid-up BB subscriber, simply check out my screencast walkthrough below.